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Adecco Group Announces New President Of LHH And New Member Of Executive Committee
The Adecco Group Reports Q3 Revenues Up 9% Organic TDA
Adecco Completes Financing To Support Acquisition Of Akka Technologies
Adecco Group AG, formerly Adecco S.A., provides human resource (HR) services. The Company's services include temporary staffing, permanent placement, outsourcing, career transition. It operates through two business lines: Staffing and Solutions. The Staffing business line includes General Staffing, which includes Office and Industrial, and Professional Staffing, which includes Information Technology, Engineering and Technical, Finance and Legal, and Medical and Science. The Solutions business line includes Business Process Outsourcing, which includes Managed Service Programs, Recruitment Process Outsourcing and Vendor Management System, and Career Transition and Talent Development, which includes outplacement, career development, change management solutions, training and consulting. Its segments include France, North America, UK & Ireland, Germany & Austria, Japan, Italy, Benelux, Nordics, Iberia, Australia & New Zealand, Switzerland, Emerging Markets and Lee Hecht Harrison.
Independent Non-Executive Chairman of the Board
Chief Executive Officer, Member of the Executive Committee
Kathleen P. Taylor
Non-Executive Independent Vice Chairman of the Board
Coram John Williams
Chief Financial Officer, Member of the Executive Committee
Chief Human Resource Officer, Member of the Executive Committee
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Adecco Group warned "pretty unprecedented" labour shortages would continue to push wages higher in the short to medium term, as lower-than-expected third quarter results and guidance for modest growth sent its shares sharply lower.
Adecco Group raised about 232.3 million euros ($275 million) by selling 5.1 million new shares at 49.60 euros each to help finance its 2 billion euro acquisition of AKKA Technologies announced in July.
Adecco Group is buying QAPA, France's second-largestprovider of digital workforce solutions, for an initial consideration of 65 million euros ($77.2 million), the Swiss staffing group said on Tuesday.
Adecco plans to buy French HR consultancy BPI Group, it said on Thursday, the latest acquisition by the world's largest staffing company as it seeks to become less sensitive to economic ups and downs affecting its business.
Adecco Group has agreed to buy AKKA Technologies in a deal worth 2 billion euros ($2.4 billion), it said on Wednesday, the biggest deal in the Swiss staffing company's 25-year history.
Adecco Group has agreed to buy AKKA Technologies in a deal worth 2 billion euros ($2.4 billion) on an enterprise value basis, the companies said on Wednesday, with Adecco combining AKKA with its own Modis tech brand.
* U.S. recovery being helped by vaccine roll out, Biden stimulus (Rewrites, adding CFO comment)
Adecco Group is seeing an improvement in the hiring market in the United States, Chief Financial Officer Coram Williams said on Tuesday, as President Joe Biden's stimulus package and vaccine roll out revives the economy.
* Company resumes 600 million euros share buyback (Updates with share price, analyst and executive comment)
Swiss recruitment company Adecco expects 2021 will be a tough year for permanent job hires across Europe, with employers still under pressure from the COVID-19 pandemic and as government support measures come to an end, a senior company executive told Reuters.
* Saw "gradual improvement" in July but outlook unclear (Adds detail from statement)
Swiss staffing company Adecco said its second-quarter revenues fell 28% as the coronavirus pandemic hit hiring around the world and pushed it into the red.
* ADECCO GROUP, WORLD'S LEADING HR SOLUTIONS COMPANY, HAS CANCELLED 220,000 SHARES ACQUIRED UNTIL 15 MARCH 2019 UNDER SHARE BUYBACK PROGRAM COMPLETED IN MARCH 2019. NEW SHARE CAPITAL COMPRISES 163,124,177 REGISTERED SHARES.
* SUCCESSFULLY ISSUED CHF 225 MILLION SENIOR FIXED-RATE 5.5-YEAR NOTES WITH A COUPON OF 0.875%
Staffing firm Adecco Group <ADEN.S> reported a first-quarter loss and halted its share buyback programme on Tuesday as companies closed their doors to limit the spread of the coronavirus pandemic.
Adecco Group <ADEN.S> saw a stabilisation in temporary staffing during the last two weeks of April after a big downturn caused by the new coronavirus and shutdowns of businesses, Chief Financial Officer Hans Ploos van Amstel said on Tuesday.
Adecco Group saw a stabilisation in temporary staffing during the last two weeks of April after a big downturn caused by the new coronavirus and shutdowns of businesses, Chief Financial Officer Hans Ploos van Amstel said on Tuesday.
Adecco Group <ADEN.S> Chief Executive Alain Dehaze expects a downturn in hiring caused by the coronavirus crisis to hit its bottom during the second quarter before a gradual recovery.
Adecco Group Chief Executive Alain Dehaze expects a downturn in hiring caused by the coronavirus crisis to hit its bottom during the second quarter before a gradual recovery.
Adecco Group reported a first quarter loss on Tuesday as the new coronavirus sent home temporary workers in factories and as offices shut down to prevent the spread of COVID-19.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.